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Non-Tech : I-transaction.net OTC:BB ITNI -- Ignore unavailable to you. Want to Upgrade?

To: NAUGHTY NOTES who wrote (2)	2/1/2000 3:23:00 PM
From: CIMA	Read Replies (1) \| Respond to of 64

I'm in. Looks like outstanding technology and a tight float. Seems like some attention is heading this way as people begin to discover the story.

To: NAUGHTY NOTES who wrote (2)	2/1/2000 4:40:00 PM
From: CIMA	Respond to of 64

Today's press release doesn't look right. Looks like they used the old phase-in schedule to get the date. The revised schedule works in their favor giving them a couple of more weeks. The shell they took over was PXSC: Modified Eligibility Rule Phase-In Schedule Securities quoted on the OTCBB as of January 4, 1999 will be phased into compliance with the new Eligibility Requirement based upon the following schedule. Please be advised that we will use the issue symbol as it appeared in the OTCBB quotation system on January 4, 1999 to determine where a particular issue falls in the schedule. Subsequent symbol changes will not be considered in determining an issuer's phase-in date. This schedule is subject to change at the discretion of the NASD. Please note that the Phase-in schedule, originally posted on January 20, 1999, has been modified in order to alleviate the large number of system changes currently required at the beginning of each month. Beginning with the October 1999 Phase-in Group, half of the monthly symbol changes and deletions will occur in the first full week and the other half will occur in the third full week of each month. The month in which each issuer is scheduled to be phased-in to comply with the Eligibility Rule has not changed. All information provided is believed accurate; however, it is subject to change at the discretion of the NASD. A detailed account of all the events associated with the implementation of the Eligibility Rule between September 1, 1999 and June 30, 2000 is available below: Phase-in Calendar (pdf format) Date Order Phase-in Chart (pdf format) Symbol Order Month Issue Symbols (as of 1/4/1999) Eligibility Determination Date (Close-of-business) July 1999 A - AD August 1999 AE - AO September 1999 AP - BI 9/1/1999 October 1999 BJ - CH 10/7/1999 CI - CT 10/20/1999 November 1999 CU - EE 11/3/1999 EF - FL 11/17/1999 December 1999 FM - GS 12/1/1999 GT - IG 12/15/1999 January 2000 IH - KA 1/12/2000 KB - MD 1/19/2000 February 2000 ME - NA 2/9/2000 NB - OR 2/24/2000 March 2000 OS - PR 3/8/2000 PS - RZ 3/23/2000 April 2000 SA - SQ 4/5/2000 SR - TN 4/19/2000 May 2000 TO - VG 5/3/2000 VH - ZZ 5/17/2000 June 2000 All Banks and Insurance Companies AA - HZ 6/7/2000 IA - ZZ 6/21/2000 Monday November 15, 1:14 pm Eastern Time Company Press Release Phoenix Summus Announces Name Change to I-Transaction.Net and New Ticker Symbol NEW YORK--(BUSINESS WIRE)--Nov. 11, 1999--Phoenix Summus Corp.. (OTC/BB: PXSC - news) announced today that is has officially changed the name of the corporation to I-Transaction.net. (Inc.) to better reflect the nature of the business. The cusip number has been changed accordingly to 45069U 10 6. The new ticker symbol is OTC/BB: ITNI. Phoenix acquired I-Transaction.net in October and subsequently held a shareholders vote to change the company name. At that time all shareholder notices and all other regulatory notifications were made. PXSC designs and develops business-to-business and consumer-to-business e-commerce solutions, and also acts as the back-end transaction processor for these systems. The Company also offers EDI, electronic funds transfer, and advertising and marketing database support and expects to offer an extended e-commerce product line that will include an online grocery shopping service and an online healthcare facility. The Company's comprehensive package of e-business solutions is called Global Solutions, combing strategic consulting, corporate finance, information technology, creative service and application development. The statements contained in this release which are not historical facts contain forward-looking information with respect to plans, projections or future performance of the company; the occurrence of which involves certain risks and uncertainties that could cause the company's actual results to differ materially from expected results. Such risks include the timing of implementation and the scope and success of the program described here. -------------------------------------------------------------------------------- Contact: Phoenix Summus Corp. Lisa Nolan, 407/581-0307